Dexus Board Presentation Worth a Look

19 October 2019

The following Board Presentation from Dexus identifies 7 key themes for property investment in the office sector for the coming years ahead.



  • Theme 1 – Uncertainty is the one thing we can be certain about
  • Theme 2 – Occupier demand likely to be influenced by confidence Sydney CBD office net absorption Employment growth still solid, Government decentralising Melbourne CBD office net absorption Demand being boosted by super-strong population and jobs growth
  • Theme 3 Low vacancy rates give office markets a high degree of resilience
  • Theme 4 Office markets are at different points in their cycles
  • Theme 5 People will keep flocking to CBDs and inner city areas
  • Theme 6 Lower-for-longer interest rates will underpin investment demand Yield spreads Real estate just became more affordable Relative value Australian office property doesn’t appear expensive on a global scale
  • Theme 7 Australia has the best demographics in the developed world